LKQ TO INTRODUCE AI-BASED SALVAGE IDENTIFIER

LKQ North America, has bought a new AI package from software house Tractable to speed up and optimise the recycling of the salvage vehicles the firm deals with in the US and Canada.

The AI uses ‘computer vision’, a technology that allows algorithms to reason based on images, to assess the specific damage on each vehicle and determine which parts can be recycled and reused.

LKQ North America to use AI to grade salvage parts

Tractable’s AI has been trained on millions of historical examples and the company says that it now performs on par with human intelligence, increasing the level of consistency and accuracy.

Yogi Shivdasani, Vice President of North America Supply Chain at LKQ, said: “We are excited to be the first recycled parts provider to apply AI to the effective and efficient procurement of salvage vehicles. Tractable’s AI has enhanced our expertise with identifying high quality parts on salvage vehicles and to make sure those parts can be recycled and reused. Tractable further assists LKQ in delivering the right parts, to the right place, and at the right time.”

Alex Dalyac, Tractable co-founder and CEO, said: “Through this collaboration with LKQ North America, our technology is improving the value of parts recycling for the entire North American auto repair ecosystem. By finding reusable parts at scale and ensuring they are distributed more quickly, our technology is already having a positive impact on both the auto industry and the environment.”

Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

GSF Car Parts opens two new branches in Southern England

New locations aim to improve the firm’s delivery times in West Sussex and North London

Read More

WAI signs agreement with Motus to expand into South African market

The move will “further expand the number of solutions we bring to the global aftermarket”

Read More

Hand car washes to be targeted in new government immigration probe

Around 1,000 staff, previously assigned to the now-abandoned Rwanda deportation scheme, will lead the effort

Read More

“Import more mechanics” or aftermarket garages will grind to a halt, government told

The sector is in an employment pit with vacancy rates at 5.1 per 100 employees, its highest point in 21 years

Read More

Movers and Shakers: Aussie joins A1 ADAS Solutions Group

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

Go to comments

Your email address will not be published. Required fields are marked *